Cromwell REIT Sells French Property

Cromwell REIT is announcing the sale of a smaller French property, Parc de Popey:

The Sale Consideration of €5.8 million is €2.0 million or c. 53% higher than the IPO purchase price, and €1.0 million or c. 21% higher than the most recent valuation of the French Asset.

Stoneweg European REIT Source...

Price	1.490 EUR
NAV	2.030 EUR
Yield (4 quarters)	9.47%
Gearing	40.2%

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